but what was amazing about that, was that it spencer bachus who came to jamie dimon's defense. spencer bachus is the congressman for the birmingham, alabama, region which has been decimated by the jefferson county swap disaster, which was caused by chase, which was fined $700 million by the sec. so here's a guy who represents the county that has been most affected by chase's bad behavior, and he comes to chase's defense in the hearing, which i thought was -- it set the tone for the whole thing. >> matt mentioned the toxic swaps. jefferson county isn't the only example. there have been a whole series of, you know, since jefferson county and other municipalities blew up by deals they did before the crisis, there have been a series of swaps done after the crisis with transit authorities, where they are losing a tremendous amount of money. you can look at the way jpmorgan has serviced mortgage loans. you know, they had to get up and admit that they had been basically breaking the law, and there were criminal penalties associated with this law, by foreclosing on servicemen in iraq a